市场调查报告书
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1386022
全球绿色和生物溶剂市场评估:按原材料、形式、类型、应用、区域、机会和预测(2016-2030)Green & Bio-based Solvents Market Assessment, By Source, By Form, By Type, By Application, By Region, Opportunities, and Forecast, 2016-2030F |
全球绿色溶剂/生物溶剂市场规模将从 2022 年的 22.1 亿美元增至 2030 年的 39.1 亿美元,预计 2023-2030 年期间复合年增长率为 7.4%。 政府减少碳排放的措施不断增加,以及对耐用油漆和涂料的需求增加,正在推动市场成长。
工业部门碳足迹的增加、国家层面永续发展目标的提高以及化石燃料材料的减少是全球采用脱碳规范的主要推动力。这是一种趋势。 此外,油漆和涂料行业的成长归因于翻新率提高、住宅建设活动增加以及最近油漆和涂料生产设施的扩张等因素。 因此,越来越多地采用碳中和标准以及油漆和涂料行业的进步是推动对保证良好生物降解性的绿色和生物溶剂需求的主要因素。 因此,对绿色和生物溶剂的需求迅速增长正在推动市场成长。
绿色溶剂/生物溶剂由永续材料组成,包括废弃物和农作物。 製造绿色和生物溶剂可以减少工人接触有毒化学物质的机会。 因此,绿色和生物溶剂是化石燃料溶剂的理想替代品。 由于已开发经济体政府监管力道加大和全球暖化等因素,全球脱碳标准正在提高。
在油漆和涂料行业,绿色和生物溶剂可确保提高性能、最小化环境影响和成本效率。 对建筑油漆和涂料的需求不断增加、世界各地体育赛事导致的建筑活动增加以及消费者信心的增强正在刺激油漆和涂料市场的成长。
北美地区的工业成长是由油漆和涂料、建筑、化妆品和个人护理以及清洁产品等行业推动的。 COVID-19大流行的到来、美国和加拿大房屋改造率的增加以及化妆品消费者支出的增加是推动北美工业成长的主要变数。
最近为扩大生物乙二醇生产而进行的企业级基础设施投资预计将为绿色和生物溶剂市场提供有利的成长机会。 例如,截至2023年10月,UPM在德国洛伊纳的生物精炼厂正在兴建中。 到 2024 年,该生物精炼厂将生产基于生物乙二醇和木质素的可再生功能填料。
为了实现生物乙醇的商业化生产,化学品製造商之间的策略联盟正在不断增加。 例如,2023年8月,Sumitomo Corporation子公司Sumitomo Corporation of Americas宣布与美国清洁能源咨询和金融机构Allotrope Partners、生物乙醇技术供应商Axens North America等合作。达成商业生产策略联盟。 因此,加强各公司在生物乙醇生产方面的策略合作伙伴关係将增加绿色溶剂/生物溶剂产品的商业可用性,并为市场成长创造利润丰厚的可能性。
近年来,农业生产快速成长。 但从长远来看,即使耕地面积不变,农作物的年产量也会增加。 例如,根据联合国粮食及农业组织(FAO)的预测,2021年至2030年间,全球小麦和其他粗粮的农业产量将增加9%。 这一增长是针对相同耕地面积而言的。 因此,为了在相同耕地面积内提高农作物产量并保证农作物的关键养分,对绿色溶剂/生物溶剂的需求将大幅增加,从而在未来几年形成巨大的市场成长前景。
本报告研究和分析了全球绿色溶剂和生物溶剂市场,提供市场规模和预测、市场动态以及主要参与者的现状和前景。
Global Green & Bio-based Solvents Market size was valued at USD 2.21 billion in 2022, which is expected to grow to USD 3.91 billion in 2030 with a CAGR of 7.4% during the forecast period between 2023 and 2030. The rising government measures in various countries to reduce carbon emissions and the increasing demand for long-lasting paints & coatings are driving the growth of the green & bio-based solvents market.
The increased carbon footprint from the industrial sector, rising country-level sustainability targets, and reduction in fossil fuel-based materials are the prominent trends driving the adoption of decarbonization norms at the global level. Furthermore, the growth of the paints & coatings industry is accredited to factors such as an increase in the renovation rate, a rise in residential construction activities, and the recent expansion of paints & coatings manufacturing facilities. Therefore, the increase in the implementation of carbon-neutral standards and the advancing paints & coatings sector are the major factors boosting the demand for green & bio-based solvents to ensure superior biodegradable properties. As a result, the surge in the demand for green & bio-based solvents fosters market growth.
Green & bio-based solvents are composed of sustainable materials, including waste materials and crops. Manufacturing green & bio-based solvents limits the worker's exposure to toxic chemicals. As a result, green & bio-based solvents are ideal alternatives to fossil fuel-based solvents. The global decarbonization norms are increasing due to factors such as increasing government regulations in the developed economies and an increase in the global temperature rise.
For instance, according to the Paris Agreement, an internationally binding treaty on climate change, the targets for global decarbonization include the reduction of carbon emissions by 45% in 2030 and net zero carbon footprints by 2050. Thus, the increase in the global decarbonization standards & regulations is fostering the adoption of green & bio-based solvents as the chemicals are composed of recycled and sustainable materials, this, in turn, is supplementing the market growth.
In the paints & coatings industry, green & bio-based solvents ensure improved performance, minimized environmental impact, and superior cost-effectiveness. The increasing demand for architectural paints & coatings, rising construction activities due to global sports events, and the surging spending power of people are the key determinants spurring the paints & coatings market growth.
For instance, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), in 2022, the global paints and coatings industry was valued at USD 179.7 billion, representing a year-on-year growth rate of 3.1%. Thus, the booming paints & coatings industry is fueling the production activities for solvent-based paints & coatings formulation. The rise in the production of solvent-based paints & coatings products is boosting the demand for green & bio-based solvents to ensure superior moisture protection, thereby driving the market growth.
The industrial growth of the North American region is attributed to sectors such as paints & coatings, building & construction, cosmetics & personal care, and cleaning products. The advent of the COVID-19 pandemic, the increase in the house renovation rate in the United States & Canada, and the increasing consumer spending on cosmetics products are the prime variables propelling industrial growth in North America.
For illustration, according to the recent statistics published by the World Paint & Coatings Industry Association (WPCIA), the North American paints & coatings sector was the third largest market in the global ranking, valued at USD 33.92 billion in 2022. Henceforth, the robust growth of the paints & coatings industry in the North American region is amplifying the demand for green & bio-based solvents to ensure a reduction in volatile organic compounds (VOC) content, which, in turn, is proliferating the market growth.
The recent company-level infrastructure investments to expand the bio-glycols production will create a lucrative growth opportunity for the green & bio-based solvents market. For instance, as of October 2023, the UPM biorefinery in Leuna, Germany is in construction. The biorefinery will manufacture bio-glycols and lignin-based renewable functional fillers by 2024.
The strategic partnerships are increasing between the chemical manufacturers for the commercial production of bioethanol. For illustration, in August 2023, Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corporation formed a strategic collaboration with Allotrope Partners, a United States-based clean energy advisory & financial firm, and Axens North America, a technology provider for bioethanol to commercialize the production of bioethanol. Thus, the increasing strategic partnerships between various companies for bioethanol production will increase the commercial availability of green & bio-solvent products, thereby creating a favorable potential for market growth.
The agricultural output has been surging in recent years. However, in the long run, the annual crop production will grow within the same amount of arable land. For illustration, according to the Food and Agriculture Organization (FAO), the global agricultural output for wheat and other coarse grain will increase by 9% between 2021-2030. This growth will be on the same area of arable land. Hence, the demand for green & bio-solvents will rise significantly to boost crop production within the same area of arable land and ensure crops with significant nutrients, thereby creating a prominent growth outlook for the market in the coming years.
The dominant players in the green & bio-based solvents market include: Cargill, Incorporated., Solvay, BASF SE, and Merck KGaA. The above-mentioned players involved in the manufacturing & supply of green & bio-based solvents are investing in strategies, including technology innovation, acquisitions, product innovations, and facility development to increase their market revenue & volume share in the green & bio-based solvents industry.
In July 2021, Merck KGaA, a Germany-based manufacturer of chemicals launched a new line of green solvents for application in photolithographic processes for the semiconductor industry. Thus, the recent launch of green solvents to focus on niche applications will create a vital trend for market growth in the upcoming years.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.